7218 S 40th Lane, Phoenix, AZ 85041 - Photo 1

1/1

$415,500

Sold
Closed
Single Family
4 Beds
2 Full Baths
0.13 Acres
2 Car Garage
Updated 2 days ago

1/1

Property Description

Become the proud owner of this stunning home on a coveted corner lot! You're greeted by a 2-car garage, brick accents, artificial turf, & an inviting front patio. The living room features coffered ceilings, a neutral palette, blinds, & stylish wood-look flooring. Gather loved ones in the family room, complete w/ a cozy fireplace for relaxing evenings. The eat-in kitchen boasts quartz counters, crisp white cabinetry, contemporary track lighting, a tile backsplash, SS appliances, a pantry, & an island w/ a breakfast bar. Upstairs, the loft provides a versatile living space. The main bedroom features a private bathroom & a convenient walk-in closet. Venture out onto the sizeable backyard, which offers an open patio & abundant space for crafting your dream oasis. Don't miss this gem!

Full Property Details

Full Property Details for 7218 S 40th Ln

General

Sold For: $415,500
HOA FEE: $84/month
Taxes: $1,947 (2025)
Status: Closed
Type: Single Family
Source: ARMLS_Arizona_MLS_Phoenix_Area
MLS ID: 6966354
Added to Site: 69 day(s) ago

Interior

Interior Features: Quartz Countertops, High Speed Internet, Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
Fireplace: Yes
Number of Fireplaces: 1
Appliances: Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Range
Flooring: Laminate, Tile

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 2
Half Bathrooms: 1

Bedrooms

Total Bedrooms: 4

Other Rooms

Laundry: Upstairs Laundry, Inside, Wshr/Dry HookUp Only

Parking

Garage: Yes
Garage Spaces: 2
Parking Features: Attached Garage, Garage Door Opener, Direct Access

Location

County: Maricopa
Township: 1N
Subdivision: ARLINGTON ESTATES PHASE 1
Cross Streets: 35th Ave & Baseline Rd

Community

Association: Yes
Assoc. Name: Arlington Estatees
Assoc. Fees Include: Maintenance Grounds

Heating & Cooling

Central air: Yes
Air Conditioning: Yes
Cooling Type: Central Air, Ceiling Fan(s)
Heating Type: Natural Gas

Utilities

Water: City Water

Structural Information

Architectural Style: Contemporary,
Builder: Trend Homes
Exterior Const.: Stucco, Wood Frame, Painted
Roof: Tile
Sq. Ft. Source: Assessor
Year Built: 2001

Lot Features

Lot Size (Acres): 0.13
Lot Size (Sq. Ft.): 5,551
Lot Size Source: Assessor
Lot Features: East/West Exposure, Corner Lot, Dirt Back, Gravel/Stone Front, Synthetic Grass Frnt
Fencing (Description): Block

Financial Considerations

Association Fee: $84
Assoc Fee Freq.: Monthly
Tax Amount: $1,947
Tax Year: 2025
Terms: Cash, Conventional, 1031 Exchange, FHA, VA Loan

Disclosures and Reports

Ownership: Fee Simple
Legal Description: LOT 280 ARLINGTON ESTATES PHASE 1 MCR
Property ID: 105-89-464
Range: 2E
Section: 34
Lot Number: 280

Listed by My Home Group Real Estate
Sold by Pak Home Realty

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Schools

Schools serving 7218 S 40th Ln

School Districts:Laveen Elementary District, Phoenix Union High School District

Name	Grades	Distance
Vista Del Sur Traditional School 3908 W South Mountain Rd, Phoenix, AZ 85339	PK-8	0.7 mi
Rogers Ranch School 6735 S 47th Ave, Phoenix, AZ 85339	K-8	0.8 mi
Cheatham Elementary School 4725 W South Mountain Rd, Phoenix, AZ 85339	K-8	1.2 mi
Cesar Chavez High School 3921 W Baseline Rd, Phoenix, AZ 85339	9-12	0.4 mi
M.C. Cash Elementary School 3851 West Roeser Road, Phoenix, AZ 85041	PK-8	1.4 mi
Laveen Elementary School 4141 W McNeil St, Phoenix, AZ 85339	PK-8	1.7 mi
Paseo Pointe School 8800 S 55th Ave, Phoenix, AZ 85339	PK-8	2.1 mi
Estrella Foothills Global Academy 5400 W Carver Rd, Phoenix, AZ 85339	K-8	3.2 mi
Desert Meadows Elementary School 6855 W Meadows Loop E, Phoenix, AZ 85339	PK-8	3.4 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7218 S 40th Ln

Date

Details

Price

Change

Source

3/04/2026

Sold

$415,500

—

MLS

1/29/2026

Price Reduced

$415,500

-0.84%

MLS

1/22/2026

Price Reduced

$419,000

-0.12%

MLS

1/14/2026

Price Reduced

$419,500

-1.29%

MLS

1/09/2026

Listed

$425,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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7218 S 40th Lane, Phoenix, AZ 85041 (MLS# 6966354) is a Single Family property that was sold at $415,500 on March 04, 2026. Want to learn more about 7218 S 40th Lane? Do you have questions about finding other Single Family real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

7218 S 40th Ln Phoenix, AZ 85041